Emerging IOT technology (IOT) Future Scope and Challenges in 2019

IoT Technology Trends, Future Scope and Challenges in 2019

The year 2019 is not far away. There are two months left for welcoming the New Year. With each year comes new challenges and obstacles, for which, we should be prepared and ready to face. In this post, we will read about the current IoT technology and what is in store for 2019.

There is no denying in fact, that the Internet of Things (IoT) has revolutionised the way we are living our lives. From the time we wake up from bed till we retire, the IOT is in play. From the time, the Internet has come into play since the early 90s, people from all over the world are using it.

The “Things” in the OT refer to the things they are used in. Perhaps, the earliest example of it would be the automated coke machine. In 1999, however, the concept of IOT became a reality thanks to Kevin Ashton, a British entrepreneur.

Internet of Things – The new revolution

The IOT has enabled us to connect more than 10 billion things. With that, people can expect to see immense changes in the way things around them work. The way they travel, cars run on the road, electricity is distributed, factories produce things and the like. Let us find out what is the future scope of IOT.

Future Scope of IOT

With changes expected in almost all fields of work, here is the future scope of IOT.

The industry will look different than it does today.

The first significant change with IOT would be changing the appearance of the industries. They will find that they need more numbers in production. They will use that, to promote their brand, generate more revenue, and attract potential customers. According to Gartner, more than 90% of devices produce will be IOT enabled, by the year 2020.

Creation of new hybrid business models

New hybrid business models will be designed and created to meet the requirements. Among them would be Artificial Intelligence (AI).

All cities will be smart.

Cities will start to dominate their dependence on IOT technologies. Though not a distant dream, smart cities are becoming the norm today. Already several cities have been developed with the help of internet of things, in many countries across the globe. The devices are enabling the city to function smartly.

Security – a Mounting Concern that Clouds the Future of IOT

The future of the internet of things depends a lot on its security. Hackers and malware are easily able to gain access to personal data, which they should not. Hence smart homes, which depend immensely on them, should be well-equipped such that, they can function smoothly with the help of these devices.

IOT will be at the centre of damaging cyber-attacks

Sadly, IOT will face immense security challenges that can hamper their working abilities. While IOT wants to help humans lead a better live, security lapses which happen commonly, must be reduced. Attacks on devices and equipment used by users, must not be compromised to allow them to access sensitive data.

Blockchain-based IOT adoption rises to 5%

Block-chain is the leading technology which will be used in the working of IOT. They can be used to share, store, and connect IOT enabled devices. Unfortunately, it is not yet prepared for large deployments that need smooth working conditions.

It is commonly seen today that businesses are ramping up their effort to bring out new voice-based services for their customers. Few of them include Google Assistant, Siri, Alexa, and Cortana. These depend on IOT and AI. At the moment their success is immense, which means, IOT enabled products have been accepted by us.

Challenges to deal

Though the Internet of Things has given humans several reasons to rejoice about, not everything about it is rosy. Of course, users can connect with thousands of others on a network; devices can be used for our protection at home, office, and even educational institutions.

However, certain flaws and drawbacks have to be addressed at the earliest. We will discuss each one of them, briefly.

Stability

The stability of the IOT has worried a lot of vendors and customers alike. Devices and products like fridges, dolls, and even baby monitors getting hacked, are happening on a regular basis. The infrastructure which is critical of any city can be a target of hackers. An excellent example of that would be the power grid in Ukraine getting hacked.

Privacy

Privacy of individuals and organisations should not be affected. With so many of them highly dependent on the Internet, safety will be a significant concern for many. It lies with the manufacturers and vendors to avoid hackers from stealing sensitive information. When logging in Facebook and other services, user’s data should not go into the hands of the wrong people.

Compatibility & longevity

As of now, we have Wi-Fi, Z-Wave, and ZigBee, which can help in connections of several devices on a network. The sad part about this is that compatibility issues will arise. The hardware and software required for connection purposes won’t do the job. Unfortunately, the technology used today, will not do in a few years’ time.

Connectivity issues

The connectivity issues will be a significant concern with IOT. The communication modules and platforms which will be based on the concept have to be modified such that, clients do not experience serious problems. As of now, it on a network with the help of the client-server, humans can communicate with each through different methods.

The main problem here is that it is ideal for thousands of devices. However, when that number increases to a million or more, then connecting so many devices at one go, can be an issue.

A similar issue faced apart from the connectivity would be the scalability. What happens here is that products that are insecure are designed and created. Solutions which are created keeping the security of the product in mind bring out generic products. They do not come with the required storage capability, computation power, and operating system.

Takeaway

From the above article, it is quite apparent that the Internet of Things is here to stay. With so many benefits and uses to humanity, it has proved itself. This is the future and humans should learn to accept that fact. Whether you are a running a business or looking for personal uses, it is there for you.

With the help of the Internet of Things, cities and homes can become safer and happier. When things around you, get simple, the people around generally become cheerful and happier. An excellent example of that would be, the washing machines. In a few years, it can do all the laundry by itself.

Though it sounds impossible, it is the future, thanks to internet of things. According to a report developed by Forrester, the IOT will have an immense impact on the customer value. As the infrastructure changes along with the platforms, clients will experience tremendous effects of it.

However, the security will be a thing of concern. In spite of all this, humans would find themselves in a massive hole without the IOT.

Author Bio: Varun Patel is the founder and full time IT consultant at Coreway Solution which is the most-trusted quality driven offshore web Development Company. Being a founder of the company, he always presents for the strategic pieces of advice and result driven IT solution help businesses to improve performance and give high conversion rate. His vision to serve best and enthusiasm to provide latest technology solution has benefited the company to grow and achieve the height of success where they desire in such a short period of time.